Search the Archive

Obama / Course Change / Budget and Taxes #923121

ABC Evening News for Thursday, Feb 26, 2009
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio: Charles Gibson) Report introduced.

(White House: Jake Tapper) President Obama's course change for government policies with a 3.5 trillion dollar budget with a 1.75 trillion dollar deficit examined; details given about his plans to redirect wealth among Americans with tax cuts, alternative energy sources, a health care reserve fund, new taxes targeting those earning over 250,000, business tax hikes and bank bailout money. [OBAMA - says we cannot continue on our current course.] [Speaker of the House Nancy PELOSI - speaks about health care.] [Representative John BOEHNER - criticizes spending.] [OMB director Peter ORSZAG†- talks about charitable giving.] [White House press secretary Robert GIBBS†, Senator Judd GREGG - offer differing opinions on economic growth.]

(Studio: Charles Gibson) Report introduced.

(Studio: David Muir) Two examples of how the tax changes would affect families examined; details given about the Kramer and the Busby families and of the concerns in the non-profit world. [Tax Policy Center's Rosanne ALTSCHULER†- cites what the Kramer family will get and what the Busby family will get.] [In Atlanta, Scott BUSBY†- says his American dream is in jeopardy.]

(Studio: Charles Gibson) The views of the budget as put forth in the "Wall Street Journal" and "Washington Post" noted; headlines shown.

(Studio: Charles Gibson; Washington: George Stephanopoulos) The reaction in Washington to this huge budget put forth by the president and his calls for funding for health care and energy discussed.

(Studio: Charles Gibson; Boston: Tim Johnson) What is known/not known about proposed health care funding and the reaction to Obama's seriousness about health care reform discussed.

Gibson, Charles;
Tapper, Jake;
Muir, David;
Stephanopoulos, George;
Johnson, Tim

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.